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India


Propelling economic growth and diversification.
India’s extraordinary economic growth trajectory is attracting unprecedented levels of foreign investment from around the world. With increased economic activity, businesses in India are looking to expand their growth overseas. Our India Group has the market familiarity, experience and expertise to help its clients successfully execute on their strategic expansion opportunities.
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Overview

Analysts anticipate India will have the world’s third largest economy by 2020, behind only the U.S. and China. A modernizing economy driven by one of the youngest and increasingly well-educated work forces in the world positions India well for continued economic growth and diversification. As a result, India is attracting unprecedented levels of foreign investment from around the world and increasing its exports across all industry sectors.

Canada is uniquely well equipped to forge highly impactful economic and business relationships with Indian companies and Fasken has the experience and expertise to facilitate such cross market relationships and transactions.

With Canada having more than 1,000,000 Indo-Canadian citizens, an economy that is symbiotic with that of India, and both countries being strong common law democracies, the two countries have the requisite economic and social determinants to become important trade and investment partners. 

Fasken has developed a strong network of professional services firms in India that ensures its ability to effectively assist Canadian companies seeking to do business in India and with Indian companies and to assist Indian companies seeking to do business in Canada or with Canadian companies. We have extensive experience in cross market transactions including technology licensing, joint ventures, and business acquisition transactions, both large and small. 

Transactions in connection with which we have been counsel span many industries including financial services, life-sciences and biotech, information technology, outsourcing, mining, oil and gas, infrastructure and nuclear energy. 

Our national team includes Indo-Canadian professionals who speak several different official Indian languages. 
 

Team

Primary Contacts
  • M. Craig G. Brown, Partner | LEADER, INDIA PRACTICE GROUP, Toronto, ON, +1 416 868 3411, cbrown@fasken.com
  • Robin Dhir, Senior Strategic Advisor, Vancouver, BC | Surrey, BC, +1 604 631 4953, rdhir@fasken.com
  • Rakhee Bhoora, Partner | Litigation and Dispute Resolution, Johannesburg, +27 11 586 6076, rbhoora@fasken.com

Client Work

  • Panthera Resources PLC retains Fasken in its dispute under the Australia-India Bilateral Investment Treaty, against the Republic of India, [Case - Panthera Resources PLC], Mining company focused on exploration and development of gold projects in India and West Africa disputes under the Australia-India Bilateral Investment Treaty of 26 February 1999 against the Republic of India
  • Avalara acquires the business and related assets of Portway International, [Deal - Portway International Inc.], On July 31, 2019, Avalara, Inc., completed its acquisition of the business and related assets of Portway International Inc. and its Indian subsidiary. The transaction was a multi-jurisdictional cross border transaction involving Canada, the US, and the India Market. Portway International Inc. pro...
  • Acted an counsel to co-lead arrangers in TELUS International's acquisition of Xavient Information Systems, [Deal - Various], This significant matter involved the senior secured financing of TELUS International (Cda) Inc. for the purposes of partially funding TELUS International’s U.S. $250 million acquisition of a 65% interest in Xavient Information Systems.   The financing was provided by a syndicate of banks led b...
  • Bronson Consulting Group disputes federal government decision related to C$1 billion procurement contract, raising issues regarding duty of fairness to bidders, [Case - Bronson Consulting Group], Canadian consultancy commences action following decision pertaining to procurement contract for Canadian Visa Application Centres
  • GLG Life Tech signs agreements for market development of its stevia extracts in India and the Middle East, [Deal - GLG Life Tech Corporation], On October 6, 2010, GLG Life Tech Corporation announced its joint venture with Global Agrisystem Private Limited for the marketing, development and distribution of GLG's portfolio of stevia extracts in markets throughout India and the Middle East. GLG is the vertically-integrated leader in the a...
  • DRAXIS Health completes sale to Jubilant Organosys for US$255 million, [Deal - DRAXIS Health], On May 28, 2008, Montreal-based pharmaceutical firm DRAXIS Health Inc. ("DRAXIS") (TSX: DAX) (NASDAQ: DRAX) announced the completion of a statutory arrangement pursuant to which all of the common shares of DRAXIS were acquired by an indirect wholly-owned subsidiary of India-based Jubilant Organos...
  • Essar Global completes acquisition of Algoma Steel for US$1.85 billion, [Deal - Algoma Steel], On June 20, 2007, Essar Global announced that it had completed the acquisition of Algoma Steel Inc. through its wholly owned subsidiary, Essar Steel Holdings Limited. Essar acquired the company at a valuation of $1.85 billion. India Business Law Journal named this transaction one of the landmark ...
  • Bank of Nova Scotia undertakes parallel track negotiations with three vendors regarding outsourcing of certain technology services to India, [Deal - Bank of Nova Scotia], Represented Bank of Nova Scotia in parallel track negotiations with three vendors, in connection with the outsourcing offshore of certain technology-related services.
  • Bank of Nova Scotia engages in parallel track negotiations with three vendors, in connection with the offshore outsourcing of certain technology-related services to India, [Deal - Bank of Nova Scotia], Advised Bank of Nova Scotia in parallel track negotiations with three vendors, in connection with the outsourcing offshore of certain technology related services to India.

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